USD: Soft core CPI eases tariff fears but Fed seen on hold – OCBC
Ni FXStreet Insights Team
Petsa ng Pag-publish: 14 Jan 2026 | Petsa ng Pag-edit: 14 Jan 2026
Sikat na Artikulo
December’s softer-than-expected US core CPI suggests tariff-driven inflation pressures may be fading, but shutdown-related distortions leave markets confident the Fed will hold rates steady in January, OCBC's FX analysts Sim Moh Siong and Christopher Wong note.
December’s softer-than-expected US core CPI suggests tariff-driven inflation pressures may be fading, but shutdown-related distortions leave markets confident the Fed will hold rates steady in January, OCBC's FX analysts Sim Moh Siong and Christopher Wong note.
USD downside eyed in 1H26 amid political uncertainty
"December’s softer-than-expected US core CPI suggests tariff pass-through may have peaked. Yet, data distortions from the government shutdown mean markets still expect the Fed to keep rates steady at its January meeting."
"Inflation remains secondary to labour data for policy decisions. We anticipate modest USD weakness in 1H26, driven by dovish risk from Fed leadership changes and heightened scrutiny over Fed independence—especially with oral arguments in the Lisa Cook case on 21 January, ahead of the FOMC meeting on 27-28 January."
"However, cyclical strength in US data continues to argue for USD upside. A USD rebound could come sooner than expected if US growth accelerates ahead of mid-term elections."
Ang Acuity Trading ay isang fintech na nakabase sa London na itinatag noong 2013, na dalubhasa sa AI-powered na alternative data at sentiment analysis para sa trading at investments. Inirebolusyon nila ang online trading experience gamit ang visual news at sentiment tools, at patuloy na nangunguna sa merkado sa pamamagitan ng alpha-generating alternative data at highly engaging trading tools gamit ang pinakabagong AI research at technology.
Magbasa pa
